You Could Spend More Years Being Retired Than Working

There might be a limit on how long humans can live. Jan Vijg, a geneticist at Albert Einstein College of Medicine, published research in the journal Nature putting the upper limit for longevity at 115 years. More precisely, The New York Times quoted him as stating, “Humans will never get older than 115.” Vijg’s conclusion…

 

The Earnings Quality Indicator Used by ETFs

Look under the hood of exchange-traded funds (ETFs) incorporating a quality factor and you will often find accruals being used. An accrual is an accounting entry recorded at the time a transaction occurs, regardless of whether not payment has been made. Accrual accounting allows businesses to report their sales and earnings performance without being beholden…

 

A Request to Parents of Gen Xers and Baby Boomers

To parents of my fellow Generation X members, as well as parents of Baby Boomers, we—your adult sons and daughters—want to hear from you. We want to know how your health is. We want to know how financially stable you are. We want to hear about any potential problems as soon as they occur, not…

 

A Strategy for Losing Money

I can give you a name of a fund trading with the equivalent of a 23% sales charge. It’s actively managed by a company that’s incurred large outflows from its signature mutual fund following the departure of its star chief investment officer. Interested in owning it? You probably aren’t, but some investors were. PIMCO’s Municipal…

 

Notes From the Morningstar Investment Conference

This week, Morningstar held its annual Investment Conference. Attended primarily by financial advisers, the conference is notable for both its size and its mutual fund focus (though there were sessions on other topics). This week, I’ll share some of my notes and observations. You’ll see a few articles resulting from meetings I had at the…

 

Notes from the CFA Conference

The CFA Institute held its annual conference in Montreal this week. The conference draws global speakers from academia, the investment industry profession and even rock ‘n roll—Sir Bob Geldof spoke yesterday. (Unfortunately, he didn’t sing, opting instead to discuss investing in Africa.) The conference also attracts a truly global audience. Yesterday, I sat down across…

 

Look Beyond Your Comfort Zone for Investment Gains

When was the last time you looked at a company you never heard of? How about a company whose name sounded somewhat familiar, but you can’t recall why and otherwise you don’t know anything about? If your answer is rarely, never or not in a long while, you’ve got plenty of company. We humans engage…

 

Investor Update: Two Key Points About the Fed’s Rate Hike

Much of the chatter about yesterday’s interest rate hike by the Federal Reserve overlooks two key points. First, over the past 61 years, stocks have tended to rise during the 12-month period following the first rate hike. Secondly, it’s different this time. Put asterisks by both of those statements. I’ll start with the reassuring news….